Sibneft says it will develop new West Siberian fields this year

Jun 27, 2000 02:00 AM

Sibneft has announced the beginning of a new program to develop oil deposits in western Siberia. Four new deposits will be commissioned in 2000 and the development of two new ones will begin. Total capital expenditure in new projects will reach $ 1 bn in the future.
Notably, Sibneft begins developing new oil fields in the Karamovskoye and Krainoye deposits. The development of the Vostochno-Vyngayakhskoye and Vostochno-Pyakutinskoye deposits will also begin in 2000.

Source: Skrin Emitent via NewsBase
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